From the Yardarm | Saturna Capital
From the Yardarm
 

2020

  • Relics of the Past? Disruptive Innovation in the Telecom Industry

    The telecom industry has seen tremendous worldwide growth in recent years as consumers use an increasing number of applications and services. Despite meaningful subscriber and data growth over the last decade, US telecom industry revenue has grown only modestly. We believe several factors explain the disconnect: competition, regulations, and disruption from over-the-top providers.